Technical FAQs 3

Will Zijin start producing lithium in the Democratic Republic of Congo?

(Bloomberg) -- China’s Zijin Mining Group Co. aims to start producing lithium in the Democratic Republic of Congo early next year from one of the world’s largest deposits of the battery metal. Zijin is accelerating activity at a site in southeast Congo that’s still claimed by AVZ Minerals Ltd.

Are Chinese companies investing in Africa's lithium resources?

Chinese firms, including Zijin, are heavily investing in Africa’s lithium resources across nations like Mali and Zimbabwe, even as lithium prices have plunged nearly 90% since their 2022 peak.

Does Zijin own a copper mine in Congo?

A subsidiary has already rehabilitated a nearby hydroelectric facility. Zijin also has interests in two copper mines in Congo, including a 39.6% stake in the giant Kamoa-Kakula complex, which is a partnership with Ivanhoe Mines Ltd. Congo’s mines ministry didn’t respond to a request for comment.

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